Skip to content
Nonprofiteer
← MUST

Form 990 for tax year 2023

Filed by MUST.

Totals

Total revenue
$2,599,710
Total expenses
$1,080,702
Contributions and grants received
$2,857,894
Grants paid
$456,942
Program service revenue
$0
Investment income
$199,213
Other revenue
-$457,397
Total assets, end of year
$5,537,675
Total liabilities, end of year
$79,689
Net assets or fund balances, end of year
$5,457,986
Program services expenses (Part IX)
$624,756
Management and general expenses
$247,105
Fundraising expenses
$208,841
Program service expenses (Part III)
$624,756

Program services were 57.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $1,761,424

  • 1f · All other contributions, gifts and grants

    $1,096,470

  • 1g · Noncash contributions included above

    $154,652

  • 3 · Investment income

    total $69,482 · excluded $69,482

  • 7a · Gross sales of assets other than inventory

    securities $513,639

  • 7b · Less cost or other basis and sales expenses

    securities $383,908

  • 7c · Gain or loss

    securities $129,731

  • 7d · Net gain or loss

    total $129,731 · excluded $129,731

  • 8a · Fundraising events: gross income

    $32,766

  • 8a · Fundraising events: contributions included on line 1c

    $1,761,424

  • 8b · Fundraising events: direct expenses

    $490,163

  • 8c · Net income from fundraising events

    total -$457,397 · excluded -$457,397

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $456,942 · program services $456,942

  • 5 · Compensation of officers, directors and key employees

    total $111,672 · program services $37,224 · management and general $37,224 · fundraising $37,224

  • 7 · Other salaries and wages

    total $197,658 · program services $65,886 · management and general $65,886 · fundraising $65,886

  • 8 · Pension plan contributions

    total $34,094 · management and general $34,094

  • 10 · Payroll taxes

    total $23,685 · program services $7,895 · management and general $7,895 · fundraising $7,895

  • 11c · Fees: accounting

    total $47,232 · management and general $47,232

  • 11f · Fees: investment management

    total $8,083 · management and general $8,083

  • 11g · Fees: other

    total $815 · management and general $815

  • 12 · Advertising and promotion

    total $55,201 · program services $29,900 · fundraising $25,301

  • 13 · Office expenses

    total $19,764 · program services $6,588 · management and general $6,588 · fundraising $6,588

  • 16 · Occupancy

    total $49,101 · program services $16,367 · management and general $16,367 · fundraising $16,367

  • 17 · Travel

    total $5,001 · program services $1,667 · management and general $1,667 · fundraising $1,667

  • 22 · Depreciation, depletion and amortization

    total $1,016 · management and general $1,016

  • 23 · Insurance

    total $9,681 · management and general $9,681

  • 24a · Other expenses: DONOR APPRECIATION

    total $30,891 · fundraising $30,891

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $16,732 · management and general $8,366 · fundraising $8,366

  • 24c · Other expenses: DONOR AND COMMUNITY REL

    total $10,943 · program services $2,287 · fundraising $8,656

  • 24d · Other expenses: MISCELLANEOUS EXPENSES

    total $2,191 · management and general $2,191

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $308,696 · end of year $237,494

  • 2 · Savings and temporary cash investments

    beginning of year $2,739,297 · end of year $2,157,127

  • 10a · Land, buildings and equipment: cost or other basis

    $8,298

  • 10b · Land, buildings and equipment: accumulated depreciation

    $6,180

  • 10c · Land, buildings and equipment, net

    beginning of year $3,133 · end of year $2,118

  • 11 · Investments: publicly traded securities

    beginning of year $869,811 · end of year $3,067,741

  • 15 · Other assets

    beginning of year $16,151 · end of year $73,195

  • 17 · Accounts payable and accrued expenses

    end of year $4,009

  • 25 · Other liabilities

    beginning of year $21,633 · end of year $75,680

  • 27 · Net assets without donor restrictions

    beginning of year $3,915,455 · end of year $5,457,986

Mission and programs · 2023

Mission

A COLLABORATION OF BUSINESS OWNERS AND COMMUNITY MEMBERS DEDICATED TO MAKING A DIFFERENCE BY POOLING DONATIONS AND GIFTING THEM TO LOCAL NON-PROFITS SERVING PEOPLE IN NEED. MUST ACTS AS A COLLECTIVE FUND MANAGER OF SORTS, STRATEGICALLY INVESTING IN SOCIAL GOOD.

Activities or mission (Part I)

MUST POOLS DONATIONS AND GIFTS THEM TO LOCAL NON-PROFITS SERVING PEOPLE IN NEED.

  • MUST MAKES GRANTS TO APPROVED APPLICANTS WITHIN SAN LUIS OBISPO COUNTY BASED ON FIVE AREAS OF NEEDS: HOUSING, EDUCATION, EMPLOYMENT, BASIC NEEDS AND OTHER COMMUNITY NEEDS.

    Expenses $624,756 · Grants $456,942

As filed on the 2023 return.

Listed in Part VII

  • KELLI LAW

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.75

  • MICHAEL BICKEL

    CHAIRMAN - PART YEAR

    Total calculated
    $0
    Hours/week
    0.75

  • STEPHEN SILVA

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.75

  • ANDY NINER

    TREASURER

    Total calculated
    $0
    Hours/week
    0.75

  • JUSTIN SMITH

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.75

  • JENNY BARTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • PALOMA BILSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • GREG GREGORY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • ROB OSTERBAUER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • BECKY GRAY

    EXECUTIVE DIRECTOR

    Total calculated
    $111,672
    From this org
    $108,711
    From related orgs
    $0
    Other
    $2,961
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
13 November 2024
IRS schema version
2023v5.1
Source object
202423199349300012

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.